Issue 81 - 2012
Monnet loses to de Gaulle
28 November 2011
The euro crisis is transforming the balance of power in Europe. Germany is emerging, for the first time in the EU’s history, as the unquestioned leader. France is having to adjust to a subordinate role. The euro countries are likely to integrate more closely, leading to a two-speed Europe. Britain...
The ECB must stand behind the euro
28 November 2011
The eurozone is now subject to a full-blown run on its bond market. Spanish and Italian borrowing costs are now higher than those of Greece, Ireland and Portugal when they were forced to seek bail-outs from the EU and IMF. The crisis has spread to Belgium and France, and even...
Is Turkey our partner now?
28 November 2011
Six years after the start of accession talks, the EU and Turkey are struggling to keep up a semblance of progress. Having opened talks on 13 chapters of EU law by mid- 2010, they have not started on a new one for over a year now. Most of the remaining...